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arbitrum

(3 articles)

GMX - Rekt

DeFi / Crypto - $42 million appeared to vanish from GMX V1 on July 9 via cross-contract reentrancy exploit introduced by a 2022 bug fix. Attacker manipulated globalShortAveragePrices to inflate GLP pricing, but funds were later recovered in coordinated disclosure - $5M bounty paid.

rektdefisecuritygmxarbitrum

Just Bad Luck?

DeFi / Crypto - Hackers exploited a hidden proxy backdoor to mint 110,000 $K tokens on Arbitrum, draining $1.55 million from liquidity pools and crashing the price 95%. Kinto blames sophisticated attackers and old proxy code, but the precise execution highlights crypto's ongoing security challenges.

rektdefisecuritykintoarbitrum

Could we see rolling airdrops at X7?

Who doesn't love airdrops. They have become a nice little earner for many.

airdropscryptocurrencyethereumETHarbitrumpolygonMATICoptimismBinanceBNBBSCX7DEXAMMcrypto